The crypto market remains under pressure as Bitcoin slipped below $115,000, testing key support levels and dragging sentiment lower. Ethereum also fell under $4,200, fueling a wave of volatility that led to more than $400 million in liquidations over the past 24 hours. As some believe Bitcoin may revisit $112K, others see this as a chance to accumulate specific altcoins like Chainlink (LINK). Whale 0x4EBD recently withdrew another 249,808 LINK ($6M) from Binance about 35 minutes ago, bringing his total withdrawals to 1,293,757 LINK ($31.15M) over the past four days making LINK one of the best of the altcoins to buy right now.
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ETF flows reflected the cautious mood. On August 18, Ethereum spot ETFs recorded $197 million in net outflows, the second-largest in history. Bitcoin spot ETFs also struggled with $122 million in total net outflows, though Bitwise’s BITB was the only one to register net inflows.
Despite the broader pullback, XRP reclaimed the $3 mark, showing relative strength compared to majors. With Bitcoin dominance still high, traders are watching for signals of rotation into promising altcoins.
While volatility is shaking weaker hands, accumulation in projects like LINK highlights how selective altcoins could outperform once stability returns.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
Deja Vu? SEC Kicks Solana, XRP, Truth Social Crypto ETFs Into Long Grass
The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October – in a deja vu moment for SEC crypto timelines.
In notices filed August 18, the regulator extended review deadlines for NYSE Arca’s Truth Social Bitcoin-Ethereum ETF to October 8, for 21Shares’ and Bitwise’s Solana funds to October 16, and for the 21Shares Core XRP Trust to October 19.
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The post [LIVE] Latest Crypto News, August 19 – Bitcoin Price Struggles To Hold $115K, XRP Reclaims $3: Best Altcoins To Buy Right Now? appeared first on 99Bitcoins.
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